Senator Cynthia Lummis and a former Federal Reserve vice chair recently discussed whether the U.S. central bank should hold bitcoin on its balance sheet.
During a February 16 webinar on “crypto” hosted by the Hatch Center, the policy arm of national think tank the Orrin G. Hatch Foundation, Hatch Foundation Executive Director Matt Sandgren was joined by U.S. Senator Cynthia Lummis, former Federal Reserve Vice Chair Randal Quarles and Bitstamp CEO Robert Zagotta…
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Due to business, schools and social events being canceled people had to find an alternative route to socialization and community. This led the internet to a prime moment during the pandemic, the network Discord became a popular site for exactly this reason: connecting communities in a time of need…
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The effort to change America’s psychosis with race relations and the passive-aggressive hold that unfettered capitalism has on its core operating system is connected. How many times have you seen the flag at your local post office or town hall at “half-mast?”
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Many underestimate the power of open source software and its ability to enable incredible things. For decades open source software projects have struggled to monetize.
Many have done it successfully, but never without the need to get really creative or get bought out by a big corporation that was leveraging the software…
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Bitcoiners are optimists.
When Satoshi Nakamoto wrote and released the first code that began the Bitcoin experiment, it was an inherently optimistic act in response to the economic and monetary turbulence referenced in the genesis block.
Satoshi was a cypherpunk, a group that envisioned shaping a better future through deliberate technological innovation, particularly in regards to software…
Continue ReadingLawmakers have been actively submitting Bitcoin-related proposals to kickstart 2022. Democrat Representative Jason Powell introduced a draft bill to allow the state of Tennessee and other municipalities to invest in bitcoin, cryptocurrencies, and NFTs.
Continue ReadingIt started with a convoy of hundreds of big rigs from across Canada and thousands of people converging on Ottawa and calling for the federal government to resign or be forced out of office. With GoFundMe freezing funds, Bitcoin & decentralized currency is promising future…
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The banking institution classified Bitcoin and digital assets as a “viable investment”, but believes they are in their nascent phase and early stages in terms of investment maturity. The report concluded that BTC’s price alone has compounded at a 216% rate since 2010.
In contrast, the S&P 500 Index has compounded at a 16% over the same period. This performance on BTC’s price and other cryptocurrencies has benefited early investors in particular. Wells Fargo claims 2,755 of those that comprised Forbes 2021 World’s Billionaires List saw their wealth explode on crypto investments.
Continue ReadingPaying employees in bitcoin offers several benefits and there are numerous desirable payment attributes for remote workers and is on the rise
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